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Infamous Hacker Steals $1 Million Worth of Crypto Including Bored Ape NFT
27.10.2022
An infamous scammer known as Monkey Drainer has drained approximately 700 ETH ($1 million) worth of crypto and non-fungible tokens (NFTs) over the past 24 hours.
The prominent on-chain sleuth known as ZachXBT first broke the news, revealing that the scammer used phishing to drain user funds....
Lucky Block Competition Platform Giving Away $1 Million in Bitcoin – Here’s How You Can Win
26.10.2022
Lucky Block, one of the most prominent NFT competition and games platforms in the crypto market, has launched a giveaway with $1 million in Bitcoin (BTC) up for grabs. We have created the perfect guide for interested participants to win.
Recently, Lucky Block’s developers announced what could...
Dash 2 Trade Signals Platform Raises $2.5 Million in Presale – How to Buy?
26.10.2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The Dash 2 Trade presale has raised over $2.5 million, only a week after beginning. This puts it halfway towards completing the second stage of its sale...
‘Sleeping Bitcoin’ Spends Slow Down Considerably in 2022, as 92 Decade-Old BTC Worth $1.79 Million Wake Up
25.10.2022
While the price of bitcoin has remained range bound and coasting along just above the $19K zone, over 60% of the bitcoin in circulation has not moved in a year or more. Moreover, there’s been very few transfers from bitcoins stemming from 2010, and it’s been more than two months since...
$160 Million Rug Pull? – Crypto Staking Platform Freeway Halts Withdrawals Citing ‘Unprecedented Volatility’
25.10.2022
UK-based crypto platform Freeway halted withdrawals on Sunday due to, as they claim, never-before-seen levels of volatility - but some argue that this is in fact a rug-pull.
"Has anyone been able to withdraw over the recent days," members have been asking in Freeway's Telegram channel, with many...
Report: US Department of Justice Files $60 Million Lawsuit Against Bitcoin Mixer Operator
25.10.2022
The United States Department of Justice recently filed a lawsuit to recover $60 million that was imposed on Larry Harmon, the operator of a bitcoin mixing service targeted by U.S. law enforcement in 2020. According to U.S. authorities, Harmon had operated an unlicensed money-transmitting business....
Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million
25.10.2022
Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted on Polygon...
Reddit NFT trading volume hits all-time high as wallet holders near 3 million
24.10.2022
Meanwhile, the minting volume of nonfungible tokens have been declining steadily
30 Million People Were Logged Into Steam Today
24.10.2022
Valve’s Steam platform launched all the way back in 2003, and for much of that time saw slow and steady growth as it grew from a place you could buy Half-Life games to the PC’s default gaming marketplace. What has happened over the last two years, though, has been incredible.Read more
While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week
23.10.2022
During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the number of NFT buyers slid by 12.63%, and the number of NFT transactions is down 19.19% on October 23, 2022. NFT Sales Record...
Report: BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog
23.10.2022
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as much as over $6 million. Obelisk Used Social...
Turkey Seizes $40 Million in Crypto, Detains 46 Suspects in Criminal Investigation: Report
22.10.2022
Turkish authorities have reportedly seized $40 million in cryptocurrency and detained 46 people in an illegal betting investigation. “This operation came out of Turkish Cyprus and is linked to the murder of Halil Falyalı,” Turkish Minister of Interior Süleyman Soylu said....
Celestia Raises $55 Million to Solve Blockchain Modularity Challenge
21.10.2022
Celestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital...
Hans Niemann Suing For $100 Million Over Chess Cheating Allegations
21.10.2022
Hans Niemann, the chess grandmaster at the centre of cheating allegations—which you can catch up on here—has filed a suit in a Missouri court suing world champion Magnus Carlsen, his chess app Play Magnus, the website chess.com, chess.com’s Daniel Rensch and streamer Hikaru Nakamura for $100...
Latest Earnings Report: Elon Musk’s Tesla Holding Over $200 Million of Bitcoin
21.10.2022
The electric car maker Tesla still holds more than $200m worth of digital assets, with the vast majority believed to be has revealed.
Per the company’s latest earnings report, the company held $218m worth of “digital assets” as of September 30, which marked the end of the third quarter. The figure...
Tesla Still Holding $218M in Bitcoin — Elon Musk Expects Company to Be Worth More Than Apple and Saudi Aramco Combined
20.10.2022
Tesla’s third-quarter balance sheet shows that the electric car company is still holding $218 million in bitcoin. CEO Elon Musk claims that Tesla could be worth more than Apple and Saudi Aramco combined. The executive is also “excited” about acquiring Twitter. Tesla Still Holds...
Shardeum raises $18.2 million in Seed Round Funding
20.10.2022
Shardeum experienced overwhelming support in its seed funding round. Over 50 investors were invited to participate, and at the end of the day, Shardeum managed to raise $18.2 million. WEMADE was one of the investors to participate in the seed funding round. The strategic investment done by Wemade...
Reddit Users Open 2.5 Million Crypto Wallets After Launch of NFT Marketplace
19.10.2022
Among the total 3 million users that have opened Reddit Vault Wallets, 2.5 million have occurred since its NFT marketplace opened in July
Hacker Steals $8.4 Million from Moola Market DeFi Protocol
19.10.2022
As cybercrime continues to be an important subject in the decentralized finance (DeFi) sector, the latest incident sees Moola Market being exploited for over $8.4 million. In a surprising turn of events, the majority of these funds were later returned.
“First off, we're buoyed by the fact that...
Defi Platform Moola Exploited for $8.4 Million in Incident Described as ‘Incredibly Simple Attack’
19.10.2022
Moola, a decentralized finance (defi) lending and borrowing platform, was recently exploited for $8.4 million in what has been described as an “incredibly simple attack.” Moola responded to the attack by pausing all activity on the platform. The defi platform also told the attacker(s)...